Remebering Noble...

Noble Group was one of my first few purchases from the open market.  Actually I do not remember now the reason why I bought Noble.  Perhaps some hot tips?  But during the days of the 1,000 shares per lot time, Noble was the first counter that I held more than a single lot size.

When I decided to embark on my dividend investment journey, Noble was the first counter that got the cut because of its low dividend payouts.  I exited Noble with some profits when it was still a low $2+ stock.

Not that I am paying particular attention to the stocks that I have in the past, but Noble was always in the news.  Muddy Waters, Iceberg reports and the non-stop procession of bad news keep Noble in the forefront of financial news.

Now the CEO had left and the Chairman is abandoning ship.  And the issue of 1:1 rights at massive discount to the current share price.  This is a sad story of a commodity giant turning into a penny stock.

Well, you win some and you lose some.  I also cut off Raffles Medical which is turning into a big mistake now..... 

My Stock Portfolio @ end May 2016

No.	STOCK NAME	No.of SHARES	PORTFOLIO%	MARKET $
1	SGX	4,000	14.55	7.75
2	Starhub	6,700	11.10	3.53
3	SPH	5,000	9.06	3.86
4	SATS	3,000	5.86	4.16
5	UOB	600	5.13	18.22
6	OCBC Bank	1,215	4.91	8.62
7	AIMS AMPI Reit	6,800	4.37	1.37
8	SingTel	2,190	3.98	3.87
9	Suntec Reit	4,900	3.83	1.665
10	CapitaMall Trust	4,000	3.81	2.03
11	FCT	3,800	3.60	2.02
12	Keppel Corp	1,400	3.53	5.38
13	SPH Reit	6,700	2.96	0.94
14	Starhill Global	8,000	2.91	0.775
15	CapitaLand	2,000	2.81	2.99
16	Sembcorp Ind	1,800	2.36	2.79
17	Keppel DC Reit	4,500	2.28	1.08
18	ParkwayLife Reit	1,800	2.08	2.46
19	CDL HTrust	3,000	1.96	1.39
20	SIA Engg	1,000	1.78	3.79
21	FCOT	2,800	1.69	1.285
22	Keppel InfraTr	6,000	1.44	0.51
23	ST Engg	800	1.21	3.23
24	MapletreeCom	1,800	1.21	1.435
25	FE HTrust	2,800	0.80	0.61
26	Cache Log Tr	1,800	0.73	0.865
27	Saizen Reit	1,800	0.08	0.091

Movement in my portfolio in May:-
Sold:- Nil
Bought:- UOB, OCBC, SPH Reit, MapletreeCom, Keppel DC Reit.

Dividends collected in May: $2,795.10
2016 avg dividends/month: $1,274.67 [78.3% up at this stage cf. 2015]

Boring process of building up my passive income portfolio brick-by-brick (bit-by-bit).

Comments:
1. Sell in May and go away?  No, not for me.  May is the most important month in the year for me.

2. Bumper month in May.  New high record dividend fruits harvested. 

3. Current worst performing counter: Keppel Corp (23.8% unrealised loss).  I tried to add more, but queued too low......